HR 6541
Advanced toward a vote
Raises the offering limits under Regulation A, a small-company fundraising exemption in the Securities Act of 1933, from $5 million to $50 million for smaller offerings and from $50 million to $150 million for larger ones.
Official title: Regulation A+ Improvement Act of 2025
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
09-DEC-2025
Referred
09-DEC-2025
Approved by committee
17-DEC-2025
Reported
25-FEB-2026
On the calendar
25-FEB-2026
- Raises the Tier 1 offering limit from $5,000,000 to $50,000,000, including up to $12,000,000 offered by affiliate selling security holders
- Raises the Tier 2 offering limit from $50,000,000 to $150,000,000, including up to $50,000,000 offered by affiliate selling security holders
- Requires the Securities and Exchange Commission to adjust both limits for inflation every 5 years, rounded to the nearest $10,000 using the Consumer Price Index
- Amends paragraph (5) of the same section so certain amounts also include the Tier 2 inflation adjustment
Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (09-DEC-2025); the text has changed since (Reported in House, 25-FEB-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Financial Services Committee (House)
Finance and Financial Sector
■ 1 R
1 Republican